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The Trading System After the Uruguay Round

The Trading System After the Uruguay Round PDF Author: John Whalley
Publisher: Washington, DC : Institute for International Economics
ISBN:
Category : Business & Economics
Languages : en
Pages : 234

Book Description
There are growing pressures to reform the international trading system beyond whatever is accomplished in the Uruguay Round. This study assesses the present GATT system and concludes that the need for further reform is far-reaching. Whalley finds that the principles underlying the current system - nondiscrimination and multilateralism - will not adequately serve in the future to reduce trade barriers and promote the benefits of trade. The study outlines new approaches to reduce the level of protection and harness new regional trading arrangements to improve global economic performance.
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